Africa Resources AB (NGM:AFRI) Tax Rate %: 0.00% (As of Mar. 2026)

What is Africa Resources AB Tax Rate %?

Africa Resources AB NGM:AFRI -3.45% 28 Tax Rate % is 0.00% as of Mar. 2026. GuruFocus rates NGM:AFRI with a GF Score™ of 28/100 and a GF Value™ of kr0.57 (Possible Value Trap). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Africa Resources AB's Tax Expense for the three months ended in Mar. 2026 was kr0.00 Mil. Africa Resources AB's Pre-Tax Income for the three months ended in Mar. 2026 was kr-0.13 Mil. Therefore, Africa Resources AB's Tax Rate % for the quarter that ended in Mar. 2026 was 0.00%.

Africa Resources AB Tax Rate % Related Terms

Africa Resources AB Tax Rate % Historical Data

* Premium members only.

The historical data trend for Africa Resources AB's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Africa Resources AB Tax Rate % Chart

Africa Resources AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Tax Rate %

Get a 7-Day Free Trial

0.00

Africa Resources AB Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Tax Rate %	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

28GF Score

Africa Resources AB NGM:AFRI

Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Africa Resources AB Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Africa Resources AB's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2025 )	/	Pre-Tax Income (A: Dec. 2025 )
	=	0	/	-1.79
	=	0.00 %

Africa Resources AB's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2026 )	/	Pre-Tax Income (Q: Mar. 2026 )
	=	0	/	-0.134
	=	0.00 %

Frequently Asked Questions Learn more about Tax Rate % →

What does a Tax Rate % of 0.00% mean?

Africa Resources AB (NGM:AFRI) has a Tax Rate % of 0.00% as of Mar. 2026.

Is Africa Resources AB's Tax Rate % too high?

Africa Resources AB's current Tax Rate % is 0.00%. Overall, Africa Resources AB has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Africa Resources AB's Tax Rate % compare to HL and SIND?

Africa Resources AB's Tax Rate % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Tax Rate % for a Metals & Mining company?

A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Tax Rate % mean?

A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Africa Resources AB's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Africa Resources AB stock overvalued right now?

Based on GuruFocus' analysis, Africa Resources AB (NGM:AFRI) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.57, compared to a current price of kr0.14 — trading 75.4% below its estimated fair value. The current Tax Rate % is 0.00%. Africa Resources AB's overall GF Score™ is 28/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Tax Rate % calculated?

Tax Rate % is calculated from a company's financial statements. For Africa Resources AB (NGM:AFRI), the current Tax Rate % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Africa Resources AB (NGM:AFRI) Overvalued in 2026?

Based on GuruFocus' analysis, Africa Resources AB stock appears to be undervalued. The current stock price of kr0.14 is trading 75.4% below its estimated GF Value™ of kr0.57. GuruFocus considers Africa Resources AB to be Possible Value Trap.

Key valuation signals for NGM:AFRI:

Tax Rate %: 0.00%
GF Value™: kr0.57 vs. price of kr0.14 (75.4% below fair value)
GF Score™: 28/100 with 3 warning signs

No single metric tells the full story. See the NGM:AFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Africa Resources AB Business Description

Industry Basic Materials Metals & Mining

Comparable Companies LSE:FRES JSE:VAL ISX:AMMN HL JSE:IMP LIM:BUENAVC1 JSE:SSW TSX:TFPM TSX:CGG JSE:NPH TSXV:ARTG SHSE:600172 SHSE:600459 LSE:HOC ISX:MBMA TSX:PPTA LIM:PODERC1 SZSE:000711 SIND SAU:1322

Address Engelbrektsgatan 7, 1 trp, Stockholm, SWE, 11432

Website http://www.africaresources.se

Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.

28GF Score

Get the complete analysis for NGM:AFRI

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.14

Price

kr0.57

GF Value

View NGM:AFRI Analysis

See Tax Rate % data for all stocks →